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Welcome to the newest issue of Thai news, a resource that will keep you up to date on economic and business news in Thailand.
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India-Myanmar-Thailand Trilateral Highway to be Completed in 2015
The multi-billion 1,014 mile-long India-Myanmar-Thailand trilateral highway, to be completed by 2015, will boost trade and business between Thailand and India, Indian Ambassador to Thailand Anil Wadhwa said. Speaking on the sidelines of a function to mark the arrival of the 10th international flight of SpiceJet from Bangalore to Bangkok, Wadhwa said under the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation framework, "we have invested $258 million on the highway that falls in our part."
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Foreign Workers Say Thailand is Tops
Thailand topped the latest HSBC Expat Explorer survey for best overall expat experience, particularly when it comes to setting up, integrating and finding friends. When it comes to economics, Thailand (No. 4), Indonesia (No. 6) and Singapore (No. 9) ranked among the best places to live for expats. Lower living costs and higher earnings potential, however, made Thailand the most cost-effective place for foreigners.
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Founder Institute,
the World's Largest Startup Accelerator, Expands Into Thailand
The Founder Institute, the world's largest startup accelerator, has expanded into the Thailand market. The Founder Institute fosters local startup ecosystems to globalize the innovation of Silicon Valley.
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Thailand Sees 13 Percent Increase in Business Travelers in 2013
The Thailand Convention and Exhibition Bureau announced recently that the country had a 13% increase in business travelers in 2013, with more than one million business travelers visiting Thailand. In addition, Bangkok was recently named the most-visited city in the world by the Global Destination Cities Index, an annual list published by MasterCard. Bangkok secured the top spot after hosting nearly 16 million international visitors for at least one night.
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Nissan to Begin Producing Altima in Thailand
Nissan said it will begin producing and selling a new model of its latest Teana sedan - called the Altima in the US and Australia - in Thailand as it looks to increase exports from the country. Thailand will become the third manufacturing base after the US and China for the latest Altima. The sedans produced in the US and China are sold locally but Nissan plans to position Thailand as base for exports which will now include Altima-badged models for Australia.
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Thailand BOI Relocates New York Office, Revamps Website
The Thailand Board of Investment has relocated its offices in New York City. The new office space is located at 7 World Trade Center in downtown Manhattan's Financial District. In addition, the Board of Investment has revamped its website to coincide with the move.
Click here to visit the new website and learn more interesting news about Thailand.
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DID YOU KNOW?
Geographically, Thailand is closer
to the heart of Asia than most any other Asian city.
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"It is unsurprising that expats moving to Thailand are more likely than those in any other location to see an improvement in their social life. Thailand expats seem to have the best of both local and expat culture."
- HSBC Expat Explorer Survey 2013
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Thailand Board of Investment
The Thailand Board of Investment (BOI) is the inward investment promotion agency for Thailand that assists foreign investors in identifying business opportunities, providing tax incentives and privileges, and supporting foreign companies seeking to expand into the Asian market. Our services are free of charge and customized to help your clients succeed in Thailand.
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CONTACT US:
Supisara Chomparn, Director
Thailand BOI
7 World Trade Center
34th Floor, Suite F
New York, NY 10007 USA
Tel: (212) 422-9009
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